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M2 makes rival bid for iiNet
2015-04-27 11:20:00| Telecompaper Headlines
(Telecompaper) Australian telecommunications services group M2 confirmed it has submitted to Australian ISP iiNet an indicative, non-binding and confidential proposal to acquire 100 percent of iiNet. Under M2's proposal, iiNet shareholders would receive 0.803 M2 shares per iiNet share, plus AUD 0.75 cash per iiNet share by way of a special dividend paid to iiNet shareholders. This beats an earlier offer from TPG Telecom for iiNet worth AUD 8.60 per share, plus the AUD 0.105 dividend owed iiNet shareholders. M2's offer is worth in total AUD 1.6 billion, while TPG's values iiNet at AUD 1.4 billion.
Gadgets: Netgear Nighthawk makes your Wi-Fi router work better
2015-04-26 12:42:25| Wireless - Topix.net
A Netgear Nighthawk WiFi Range Extender in New York, April 10, 2015. The Nighthawk AC1900 picks up your routerís signal and repeats it, sending a stronger signal to the corners of your home and even outside.
Whole Foods makes the right kind of difference
2015-04-25 15:02:58| Grocery - Topix.net
The old expression, "Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime," was taken to heart at Whole Foods where a recent fundraising campaign will provide loans to help people improve their lot in life.
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GM's Mary Barra makes way more than last guy in the job
2015-04-24 21:13:09| Automakers - Topix.net
Mary Barra, first female CEO of GM, got paid $16.2 million for 2014, which is 78 percent more than her male predecessor Dan Akerson. Akerson's pay had been limited by the fact that GM executive pay was subject to government oversight during his tenure due to the 2009 government bailout of the automaker.
Mylan makes official bid for Perrigo in generic drug contest
2015-04-24 18:49:57| Biotech - Topix.net
Generic drugmaker Mylan is making official its $32 billion-plus offer for over-the-counter medicines maker Perrigo despite opposition from a larger rival that wants to buy Mylan. Perrigo Co.
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